Topic: Which is more risky? Bitcoin or bank investment? - page 14. (Read 6040 times)
In any form of investment either virtual or physical there's always a presence of risks. In my experience and point of view regarding this matter, I think it's depend on the knowledge of an investors to which he is suitable to in financing. On my side, I prefer to invest in crypto especially Bitcoin.
for me bitcoin and banks both have risks and benefits, because since I was born the risks and benefits already exist. depending on you choosing a bank or bitcoin, it's your right and every consequence is borne alone.
both are definitely a risk, but I think more risk in bitcoin. because occasionally falling prices directly experience a large loss rate, while investing in banks is more likely to be profits.
but it is not impossible that it can be otherwise.
but it is not impossible that it can be otherwise.
First, I know Bitcoin have been digging out that Bitcoin spends money that has great stability every day. much different from the banknotes that can be used.
Your view is also correct.
But in my opinion the risk of bitcoin is still worth more than the risk of the bank.
Because one day the bank declares bankruptcy, our money is gone.
But in my opinion the risk of bitcoin is still worth more than the risk of the bank.
Because one day the bank declares bankruptcy, our money is gone.
Bitcoin virtual money that does not have a regulator and has a high risk. "Bitcoin is not underlying for its transactions, the risk is high.Bitcoin is very close to the possibility of money laundering and terrorism financing, Bitcoin as digital money has its flaws, among others, lack of regulators and no clear rules. virtual currency algorithm, and Bitcoin does not have the best practices and international standards to ensure the security and efficiency of the operation Bitcoin also has no central entity as the subject of arrangement, there is no party responsible Bitcoin price is determined by the market depending on supply and demand. no consumer protection.
both are definitely a risk, but I think more risk in bitcoin. because occasionally falling prices directly experience a large loss rate, while investing in banks is more likely to be profits.
but it is not impossible that it can be otherwise.
but it is not impossible that it can be otherwise.
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
If you ask me, both are risky because bitcoin can experience a big dip while banks can be bankrupted. No investment is an easy way because their output is reward. I cannot calibrate which is more risky between the two because technology is always changing. What do you guys think?
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.
What do you guys think?
What do you guys think?
When viewed from the risk, bitcoin is more risky when compared with banks. But the risk is worth the profit that can be obtained, the benefits can be obtained from bitcoin is also greater but it if you know when to sell and when to hold it.
I think bitcoin is more risky compared to banks. Bitcoins price is so volatile and that is what it makes it risky. On the other hand banks also have risk but it is lower compared to bitcoin. Banks may go bankrupt and you will lose money but that is only a little chance that it will happen compared to bitcoins volatility.
I think that also that bitcoin investment is more riskier than bank investment. In bitcoin you can't predict the price of bitcoin every now and then but in bank your investment will be the same on what your actual deposit and might have some interest in next few years.
Both are at risk. but I think for those who still do not understand about bitcoin should invest first to the bank, because if dibank we do not think much in making investments, different from investing in bitcoin we should be able to estimate bitcoin prices from time to time and require special skills to be able to understand what it's bitcoin.
i agree that investing bitcoin is really risky rather than investing in the bank. bitcoin price is unpredictable. we don't know when it will be rise or fall.
Bitcoin investment will be more risky than investing in a bank. But it is profitable that we can earn as much money as we can afford. The bank is safe, but the money will be less
High risk and high return.
If you are not up to date, I will agree, but if you have a situation under an control, the risk is not big. If you buy BTC at the right time, it may gain money.
Actually, we as a whole realize that putting resources into a bitcoin is more dangerous than saving cash into a bank. Numerous individuals decide to securely store cash into a bank for enthusiasm as opposed to abandoning it at the possibility of bitcoin. Be that as it may, putting resources into bitcoin will bring you high benefits in only a brief span.
Yeah, bitcoin is much more risky than bank investments, but it's worth it, because bank investments will earn you nothing like bitcoin would. so i would say the risk is what it
It is totally true that Bitcoin are more risky than banks investment but the difference between the two is Bitcoin can double your investments in a shorter period while banks can improve your investments in a longer period or it may depends on the situations.
which is more risky I guess bitcoin, I will invest in bitcoin instead of depositing money into the bank.
Better option man. Banks are scam, you will invest in them and after some a year the will tell you you've made a profit of 2%. But with bitcoin or crypto generally you can double/triple your investment in few days.Banks in my country give much more. One of the largest and most successful banks gave me a profit of 25% per year in national currency. When the foreign currency started almost the bank delayed my money for 6 months, he returned them, but from 15k dollars it turned out to be only 6k. And this despite the fact that the income was 25%. And everything is honest like
If you want to invest in cryptocurrency you need to know its reliability and what type of crypto will you invest. There are so many crypto in the world which
are legit and scam.. The EDUCATION ECOSYSTEM token OR ledu oken is a legit token about educational development. Its platform focuses on professionals and different government projects.
are legit and scam.. The EDUCATION ECOSYSTEM token OR ledu oken is a legit token about educational development. Its platform focuses on professionals and different government projects.
which is more risky I guess bitcoin, I will invest in bitcoin instead of depositing money into the bank.
Better option man. Banks are scam, you will invest in them and after some a year the will tell you you've made a profit of 2%. But with bitcoin or crypto generally you can double/triple your investment in few days. I am sorry i have not heard about such bank investments. But i don't trust the banks. They are the biggest scammers in the world. They will trick you into making an investment and will forget about you when you give them the money.
You know, I was deceived by the bank several times. I used to think that money in a bank account is my money, but it's not. With bitcoin everything is different ...
High risk and high return.
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